Aon Affinity Completes Acquisition of National Flood Services
Aon Affinity, the consumer, association and program business of Aon Risk Solutions, has completed its acquisition of StoneRiver National Flood Services, Inc. and related entities from StoneRiver Group, L.P.
Financial terms were not disclosed.
National Flood Services offers policy administration, claims processing, customer service and agency support for clients in all 50 states and every U.S. territory. It manages 3 million flood policies and $2.3 billion of flood insurance premium annually. The firm has more than 800 employees in offices in Kalispell, Montana; Overland Park, Kansas and Lakeland and Coral Springs, Florida.
Keith Brown, president and CEO of National Flood Services, will remain in his position at National Flood Services, reporting directly to Vit.
Source: Aon Risk Solutions
- Slips, Trips And Falls: Why It’s Important to Get Ahead of An Incident
- El Niño and Heat Fuel Destructive Storms Across Pacific Ocean
- EV Sales Are Booming in Europe With Gasoline at $10 a Gallon
- FBI Investigating Hackers’ Claims of Stealing Employee Data
- Florida Bans Flock Cameras, License Plate Readers From State Roads
- Credit Acceptance Reaches $710M Predatory Auto Lending Settlement With Most States
- Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves
- The Nation’s Insurance Laboratory: What Liability Trends in California Mean for the Rest of the Country